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Lamprell

Lamprell

2017 was a challenging year for this UAE based rig maker as it had to write down $80mn due to mounting costs at a renewable energy project in the UK. But the firm has an order pipeline of $3.6bn and it is part of a huge $5bn maritime joint venture, International Maritime Industries, alongside industry heavyweights like Aramco Developments and Hyundai. A fabrication yard is currently being developed near Jubail.

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